Peapack Capital
Experienced. Dedicated. Equipment Finance and Leasing.
Peapack Capital, a subsidiary of Peapack-Gladstone Bank, provides loans and leases to companies of all sizes, specializing in large-scale transactions which help businesses grow and succeed. With more than 20 years of experience, the Peapack Capital team is a dedicated finance group, experts in various financing structures, able to support a broad spectrum of industries and assets.
Transaction Profile:
- $3 million to $30 million, with the ability to syndicate larger opportunities
- Priority interest in collateral deemed to be mission critical and revenue producing
Terms:
- Financing tenors up to 10-years – potentially longer for marine or rail assets
Client Profile:
- Public and private U.S. based companies with annual revenues of $100 million nationally
Industry Niche:
- Transportation – Heavy duty trucking, marine, business aviation, rail, logistics
- Industrials – Automotive, utilities, telecom, energy, construction, chemicals
- Manufacturing – Technology, machine tools, consumer products packaging, plastic extrusion
- Healthcare – diagnostic imaging, medical testing, radiation therapy, surgical
Products:
- Capital, synthetic, operating, TRAC and Split-TRAC leases
- Taxable and tax-exempt lease structures
- Capex financing for new and used equipment
- Sale/leaseback of existing equipment
- Secured term debt and balloon financing structures
Peapack Capital Leadership
Robert R. Cobleigh
Executive Vice President, President of Peapack Capital
rcobleigh@pgbank.com
Dennis Smith
Senior Vice President, Chief Operating Officer
dsmith@pgbank.com
Chris McManus
Senior Vice President, Sales Director
cmcmanus@pgbank.com
Frank Striplin
Senior Vice President, Sales Director
fstriplin@pgbank.com
